Posts tagged ‘Condominios’

We would like to confirm you that the followings institutions have received from the closing team of the THE FIVES main needed legal documents to proceed and give personal mortgages to THE FIVES’s clients:

SCOTIA BANK, CONFICASA, BANCOMER, STEWART TITLE and FINANCE NORTH AMERICA

If you have selected a diferent bank or a diferent finantial institution, please let’s us know and we will coordinate with your lender about the documents.

We confirm again the 3 dates for the signature of the title deed at the Public Notary (27 Novembre, 4 and 11 decembre 2009).

As we mentioned early this month the Condo Regime is signed and ready to go ahead signing and tranfering the ownership to you at Public Notary.

Nevertheless, if you are not Mexican citizen, you should apply at SRE (Secretaria Relaciones Exteriores at Ciudad de Mexico) to receive the permision of your Fideicomiso. This permision will take around 2 weeks. Any deeds can be signed without this permision so please let’s coordinate togeher with your legal representant here in Playa del Carmen to coordinate all documents needed (this permision is given automatelly when duly well apply).

We would like to bring you up to date on some positive news at The Fives project in Playa del Carmen.

First of all we are grateful for your support on The Fives project and we want to apologize for all the inconvenience during the past months. Throughout this time we have been working with a lot of effort to make this project a reality, so we may all feel proud to belong to The Fives once all is done.

These are the updates:

1. We will be able to sign the deeds or Fideicomisos throughout the month of July 2009. After 9 months of working on this legal documentation, we confirm to you that de Condominal Regimen was approved in Chetumal-Quintana Roo and it is at our office for your consult. To sign a Fideicomiso, the proper paperwork should be in place prior to this.

2. We are attaching the copy of the insurance contract of The Fives, valid from April 2009 to March 2010, and the receipt of the payment to AXA dated on May 2009. This insurance includes all kinds of common house incidents and hurricanes. AXA is a renowned multinational company in the insurance business.

We also want to congratulate all the people from Karisma, for their support and hard work on the maintenance of The Fives. They are cleaning, ventilating and inspecting all the condos almost every day. These activities are done on 2 buildings each day, which means 24 condos a day. It is true that until the staff is complete they can´t provide the best service, but it is also true that in the inspections of the condos they have found only a few incidents which have been also resolved. And it is important to say that there are some condos that we don´t have access to and therefore we may not provide the service.

The project is complete pending two issues: First, some interior deficiencies in the condos, and second, to complete the Spa. We are sending some pictures to show you that it won´t be long until this beautiful project is completely finished.

Both partners are working hard to resolve this situation and get construction going with the priority being your condo.

Once all is complete, we will schedule two opening periods: First, a SOFT OPENING, including all the condominal services plus some basic hotel services. And next, a FULL OPENING, including all the hotel services.

Our commitment to you is that The Fives will become a reality with our personal, economical and professional effort.

On the 22nd of June, we will proceed to inform you again about news on the project.